ICICI Bank Ltd. (IBN)

All Comments on IBN

  • commenter
    tamu
    Aug 11 01:09 PM
    ICICI Bank: Unwarranted Beating, Proven Growth Prospects [view article]
    ICICI's service is deteriorating. Indian Nationalised Banks are offering considerable competetion for many of ICICI's products at a lower cost to the customer. Reply
  • commenter
    Gaurav
    Aug 11 02:59 AM
    My Website
    ICICI Bank: Unwarranted Beating, Proven Growth Prospects [view article]
    ICICI is not domestic Indian bank. 25% of its loan book is international - and thats the loan book that is growing. It has stopped growing its domestic retail book for last several qtrs because of NPA's. As they don't have a deposit base abroad, they rely on short-term borrowing to lend long-term. Their earnings are padded with one-time capital gains qtr after qtr. ICICI is like Citibank - whenever there is a problem in Indian banking sector, you can be sure ICICI will be part (and probably the cause) of the problem. Reply
  • commenter
    gksmar
    Aug 10 06:10 PM
    ICICI Bank: Unwarranted Beating, Proven Growth Prospects [view article]
    Good story and analysis. But the author does not write about the competition that the bank may face. There are a lot of disgruntled customers who are moving out their deposits. Businesses do not like banking with icici. Valuation at 21 pe is a bit too much indian bank. Reply
  • commenter
    Alpha 26
    Aug 10 04:26 PM
    ICICI Bank: Unwarranted Beating, Proven Growth Prospects [view article]
    Thank you for the well informed article. As a long-time shareholder of IBN, I would add the following:

    Three out of every ten children in the world live in India and 300 million Indians are expected to enter the workforce between now and 2025.

    As India matures, nearly every Indian will get a checking account, a loan, a mutual fund, a credit card, and/or insurance.

    Because of India's demographics there may not be any single greater secular growth story in the world over the next 20 years.

    Regards     Reply
  • commenter
    Arun N
    Aug 10 03:59 PM
    ICICI Bank: Unwarranted Beating, Proven Growth Prospects [view article]
    $51 may be the value you give it, its going to take a while getting there. Inflation can't be wished away - reasons are not far to seek - the government has been raising petrol prices after putting it off for too long. It still has a while to go before its done raising petrol prices. This is going to lead to more inflation and on a higher base... Elections are in 2009, the govt. will have created a classic recession by then trying to control inflation. What does this mean - Lots of NPAs for ICICI, (watch for the NPA percentage shooting up), demand loss for retail loans due to multiple reasons - IT market is saturated, growth is slowing, recessionary conditions forcing customers to slow spending. This is already showing up in multiple places. Maruti Suzuki has started offering huge discounts trying to shore up car sales. Reply
  • commenter
    andyn
    Aug 10 09:26 AM
    ICICI Bank: Unwarranted Beating, Proven Growth Prospects [view article]
    IBN was a classic case of throwing the baby out with the bathwater.
    Its a great value at these prices and since now the Indian govt doesnt have the Communists to hamper them, they can push through banking and insurance reforms before the next election.
    This will be HUGE for IBN and I think this will be back to $50 by year end.     Reply
  • commenter
    investor88
    Aug 10 08:03 AM
    ICICI Bank: Unwarranted Beating, Proven Growth Prospects [view article]
    Interesting analysis of IBN India's largest private bank. Worthwhile looking for an inflexion point in the stock price to accumulate the stock. Reply
  • commenter
    TIRED
    Jul 15 11:12 AM
    Financials Down Market - Fast Money Recap (7/11/08) [view article]
    i to like pde i think it is a great stock i will buy more pde on pull back i hold thousands of shares now finerman you have a good call go long
    thanks     Reply
  • commenter
    fatcat
    Jul 14 09:19 AM
    Financials Down Market - Fast Money Recap (7/11/08) [view article]
    Sell Bud was a great call.Luckily,most didn't have time to act on that piece of brilliance.. Reply
  • commenter
    User 215381
    Jul 02 10:58 PM
    Dow at 8000 Is Not Out of the Question [view article]
    Hi Bear,
    Just like the emperor Nero, playing the fiddle while Rome burned.
    Besides It's not in their financial interest to talk of such things, lest they want their stock to fall.     Reply
  • commenter
    techy
    Jun 28 11:37 PM
    Why I'm Cutting ICICI Bank Exposure [view article]
    so you think it is ok to take these risks with OPM but not your own personal money? Reply
  • commenter
    johnthebear
    Jun 28 09:23 AM
    Dow at 8000 Is Not Out of the Question [view article]
    Following Friday's trading in which the Dow Jones finally hit the -20% threshold to be called a "Bear Market", I just have to wonder when the talking heads will finally give in and call the current economic downturn a:

    "RECESSION"     Reply
  • commenter
    User 215381
    Jun 25 06:12 PM
    Dow at 8000 Is Not Out of the Question [view article]
    Doom & Gloom!
    weak dollar, banks in trouble, instability in the markets, unempolyment on the rise, 2-3% of Americans losing their homes, US treasury printing so much money they don't even say how much is in circulation anymore.
    In 2012 52 Trillion in unfunded Gov. promises hit the books, Borrowing 3 Billion a day to fund two wars, Inflation & a depressed economy at the same time.
    This is a perfect storm, I don't think any economist worth his weight is salt will tell you there is a way out of this.
    Reply
  • commenter
    johnthebear
    Jun 24 11:19 PM
    Dow at 8000 Is Not Out of the Question [view article]
    Agree, 8,000 is very likely. Keep in mind that all of the world indexes are now trading at or below their 200 day moving average. That has to tell you something.

    The problem is we are in the early phase of global recession and the emerging markets will continue falling, probably over correcting to the downside, just as US markets typically do and then take time to test and retest before a solid base is formed that can cause investors to regain confidence and invest again.

    No one can claim to be an expert...these are truly remarkable times like nothing we have seen before.

    I find oil related stocks and agriculture still to be the most promising on the positive.

    The commercial real estate market is toast and there simply is not enough money in the world to sustain the high prices and fund the over rated mortgages to keep prices up. This true all over the world. When Capitalization rates on income property are lower than typical mortgage rates of the past century, you can be sure that the fall will be nasty in the commercial market.

    I have SRS, FXP, OIL, TRA as my primary holdings, about equal positive and negative positions. Both doing quite well. Also have puts in FXI.     Reply
  • commenter
    User 215381
    Jun 24 03:41 PM
    Dow at 8000 Is Not Out of the Question [view article]
    The DOW has been droping 28 points a day since the start of June,
    if you carry this forward to December 2008 the DOW will be below
    8000,     Reply

Trading Center


Loading...
Symbols:
Authors:
Quick Links: